(non-MVC) Realignment News

[VUGrad1314]

I don't see any problem with the MVC becoming a large conference for this main reason: since it is something of a renaissance conference in the sense that it is pretty strong in a large variety of sports, it would make sense to add schools that not only are an institutional fit but that meet the following criteria:

1. Won't totally embarrass themselves in men's basketball our flagship sport and

2. Add significant value in some other sport that the MVC strives to be excellent in be it baseball women's basketball volleyball softball etc. This second factor is literally the only reason I would consider adding schools like UIC USD NDSU Oral Roberts Green Bay and Wright State at all instead of dismissing them all immediately out of hand. They all could bring something to some sport we sponsor and try to be good in. Example:

UIC: Baseball

Wright State: Baseball solid but unspectacular basketball

Oral Roberts: Baseball, History of success in basketball Private (since that seems to matter)

Green Bay: Decent men's basketball Great women's basketball

USD: Women's basketball apparently ascending men's basketball program

NDSU: Decent basketball Softball

Ideally we add schools like Belmont and South Dakota State that can contribute in multiple sports (men's and women's basketball are both outstanding at those schools) but since it's hard to get those schools to commit I am content with adding schools that contribute most to the sport that drives the bus in this conference (Murray State and NKU if Belmont won't come) and hope that increased competition through conference affiliation raises their profile in other sports as well. (It has worked for Valpo's volleyball team in particular and women's basketball has seen a big boost as well from being in the MVC). I think it can work for other schools too.

[VUGrad1314]

Even though it's gimmicky, who says the Valley can't play 20 games as is? Keep the double round-robin, but keep the last week of the season schedule open until you are two weeks from the end of the regular season.

Divide the league into 2 groups as the league sits at that point: Top 4 and bottom 6

Randomly draw the top 4 into A,B,C,D

Have A vs. D and B vs. C play, and then have C vs. A and D vs. B play. Each of the top 4 teams gets a home game and another Q1-2 game added to their schedule.

Then the bottom 6 you do some similar flipping of matchups and the home teams.

It would improve the resumes of the top 4 teams, and make the push to avoid the play-in round more interesting.

Or we can just add a proven program like Murray State and give everybody in the conference two shots yearly at them. That would probably help out some resumes most years.

[Buxcies]

I don't see any problem with the MVC becoming a large conference for this main reason: since it is something of a renaissance conference in the sense that it is pretty strong in a large variety of sports, it would make sense to add schools that not only are an institutional fit but that meet the following criteria:

1. Won't totally embarrass themselves in men's basketball our flagship sport and

2. Add significant value in some other sport that the MVC strives to be excellent in be it baseball women's basketball volleyball softball etc. This second factor is literally the only reason I would consider adding schools like UIC USD NDSU Oral Roberts Green Bay and Wright State at all instead of dismissing them all immediately out of hand. They all could bring something to some sport we sponsor and try to be good in. Example:

UIC: Baseball

Wright State: Baseball solid but unspectacular basketball

Oral Roberts: Baseball, History of success in basketball Private (since that seems to matter)

Green Bay: Decent men's basketball Great women's basketball

USD: Women's basketball apparently ascending men's basketball program

NDSU: Decent basketball Softball

Ideally we add schools like Belmont and South Dakota State that can contribute in multiple sports (men's and women's basketball are both outstanding at those schools) but since it's hard to get those schools to commit I am content with adding schools that contribute most to the sport that drives the bus in this conference (Murray State and NKU if Belmont won't come) and hope that increased competition through conference affiliation raises their profile in other sports as well. (It has worked for Valpo's volleyball team in particular and women's basketball has seen a big boost as well from being in the MVC). I think it can work for other schools too.

I just don't think this would work as it would add a lot of travel for both revenue and non-revenue sports. Remember, budget cuts are still coming for most of our current members. I think getting 2-4 programs whose athletic and travel priorities align with current member schools should be our first concern. Obviously academics are important and should be considered but not top priority.

[VUGrad1314]

If travel is the sole concern then the pool of candidates shrinks considerably and is most likely limited to:

Murray State

Belmont

UIC

Milwaukee

Little Rock

Omaha

Oral Roberts

Not a great list beyond the first two. UIC and Milwaukee would have my full support if they were better in basketball but as it stands they're just not there.

[Jsnhbe1Birds]

If travel is the sole concern then the pool of candidates shrinks considerably and is most likely limited to:

Murray State

Belmont

UIC

Milwaukee

Little Rock

Omaha

Oral Roberts

Not a great list beyond the first two. UIC and Milwaukee would have my full support if they were better in basketball but as it stands they're just not there.

UIC most likely won't get an invite as long as loyola is there.

[VUGrad1314]

At this point I guess I could stomach a school like Milwaukee if it gets Murray State in. I really wish it was a program like Belmont but Murray State is such a potentially valuable addition that the secondary addition matters less.

[mvfcfan]

Milwaukee sucks as does the rest of the Horizon League. I'd rather have Austin Peay than any HL school. Like I've saif there isn't a 12th option worth adding outside of USD and SDSU (paired with Murray State). Of course every private school poster on here tries to make some excuse about travel or whatever because they are so afraid of football. Not sure if you all are aware but USD is closer to UNI and Drake than Missouri State is to anyone in the MVC. Belmont, NKU, and WSU are all like 3 hours away from the closest MVC school while South Dakota is 4 hours away. South Dakota has a new arena, just renovated their dome, has a 400M dollar endowment. They actually have the money to put into their program. NKU has a trash baseball team that we don't need. Their endowment is around the same as Indiana State's and they spend less than us with no money to bring that up. Wright State just dropped below the D1 requirement so cross them off the list. Milwaukee is a joke of a program and one of their fans even said they weren't worth adding. Then Belmont has no interest in joining and they have been pretty clear about it.

I guess my question is why is it okay to add travel for UNI and Drake, and not everyone else? Everyone acts like 3 hours east or south is some great idea, but don't you dare go west 4 hours. If you add Murray State which adds travel for the Iowa schools then I think it's fair to add someone to the west that helps them out.

Sorry for the rant, but some of you act like adding USD would be like adding Montana. It's actually in the footprint. These non football Horizon League schools do nothing for the MVC. We picked that conference clean and I don't want to be the new Horizon League. It's time to look somewhere else for schools if we expand to 12. I like Murray State as much as anyone, but I don't want them in if we are just going to add some trash Horizon League school in with them.

[VUGrad1314]

I have always been (and continue to be) a supporter of adding South Dakota State. They are a Murray State level program that would add value to the MVC in multiple sports. However, convincing them to leave a conference with three (possibly four if Augustana ever joins) other Dakota schools including their chief rival (NDSU) with whom they've been joined at the hip for their entire D1 existence and their chief in-state rival (USD) with schools in Minneapolis and Omaha as well as a conference tournament in their backyard is going to be an extremely tough sell. We would have to take more than one Dakota school and if that's NDSU that's adding significant travel to everyone else, even the Iowa schools not to mention it being a really tough place to travel to in winter. The problem with your Dakota plan is that we can't just take one Dakota school, we have to take at least two and I'm sorry, South Dakota (USD) is way down on the list of priority schools. Do I think they could potentially be a good add one day? Perhaps, but I'm not going to take the Coyotes at the expense of the Racers. This has less than zero to do with football and everything to do with common sense. Milwaukee is garbage now but they have shown more promise than USD has within their history. I don't want to add Milwaukee I want to add Murray State. If we can do that by adding just one Dakota school then we should do that but I am telling you it won't happen. Those schools will not leave each other. NKU has invested heavily in their facilities to get where they are and have already begun to make noise about being upset with the Horizon League because of how they handled their conference tournament site selection process. In addition, their fanbase is growing rapidly and they dominate the Kentucky side of the Cincinnati market. I understand that South Dakota probably has a good fanbase as well and has invested in its facilities but it's also further away from St Louis than NKU is which might impact Arch Madness ticket sales (which is definitely something the MVC considers important). Meanwhile that Cincinnati\Northern Kentucky region is a huge hoops hotbed that would open recruiting opportunities and would probably have a small positive impact on the MVC's TV deal by bringing in Cincinnati viewers. Can South Dakota do that? I don't care about public\private split and never did, I also don't care if a new arrival has football or not. It doesn't matter because the conferences are SEPARATE ANYWAY. If I saw football as a stumbling block I wouldn't be stumping so hard for the Racers now would I? As for adding travel for all the other schools, I am willing to bet that every school would be more than satisfied with a Murray State\SD State pairing but the reason that hasn't happened yet is most likely because IT HASN'T EVER BEEN AN OPTION. Why? For the reasons I've stated above. It's a tough sell for me to believe that South Dakota has shown enough or has enough upside to be the lone Dakota add even if it were possible. I'm not sure they bring as much upside as Milwaukee. I've seen what Milwaukee can do when it's running right as a program in addition to adding a new market and recruting area as well as an R2 University (Yes I understand South Dakota has a great academic reputation as well which would go over well with the presidents). I haven't seen the athletic upside with South Dakota yet. Could they be great? Yes. Have they shown enough yet? That's highly debatable but when you're not even the most attractive potential expansion addition in your own state that is not a very good sign. Once again I reiterate that I am more than content to just grab Murray State and stick at 11 teams and 20 games, but since that's a non-starter for the presidents I am trying to find the best 12th possible. Milwaukee offers good travel for all but the southern third of the Valley who benefit most from Murray State anyway so it's a wash. There's a reason Milwaukee got a site visit even with all of their issues and struggles and South Dakota hasn't.

[Jsnhbe1Birds]

11 U.S. Code § 101.Definitions
U.S. Code
In this title the following definitions shall apply:
(1)The term “accountant” means accountant authorized under applicable law to practice public accounting, and includes professional accounting association, corporation, or partnership, if so authorized.
(2)The term “affiliate” means—
(A)entity that directly or indirectly owns, controls, or holds with power to vote, 20 percent or more of the outstanding voting securities of the debtor, other than an entity that holds such securities—
(i)in a fiduciary or agency capacity without sole discretionary power to vote such securities; or
(ii)solely to secure a debt, if such entity has not in fact exercised such power to vote;
(B)corporation 20 percent or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by the debtor, or by an entity that directly or indirectly owns, controls, or holds with power to vote, 20 percent or more of the outstanding voting securities of the debtor, other than an entity that holds such securities—
(i)in a fiduciary or agency capacity without sole discretionary power to vote such securities; or
(ii)solely to secure a debt, if such entity has not in fact exercised such power to vote;
(C)person whose business is operated under a lease or operating agreement by a debtor, or person substantially all of whose property is operated under an operating agreement with the debtor; or
(D)entity that operates the business or substantially all of the property of the debtor under a lease or operating agreement.
(3)The term “assisted person” means any person whose debts consist primarily of consumer debts and the value of whose nonexempt property is less than $150,000.[1]
(4)The term “attorney” means attorney, professional law association, corporation, or partnership, authorized under applicable law to practice law.
(4A)The term “bankruptcy assistance” means any goods or services sold or otherwise provided to an assisted person with the express or implied purpose of providing information, advice, counsel, document preparation, or filing, or attendance at a creditors’ meeting or appearing in a case or proceeding on behalf of another or providing legal representation with respect to a case or proceeding under this title.
(5)The term “claim” means—
(A)right to payment, whether or not such right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured; or
(B)right to an equitable remedy for breach of performance if such breach gives rise to a right to payment, whether or not such right to an equitable remedy is reduced to judgment, fixed, contingent, matured, unmatured, disputed, undisputed, secured, or unsecured.
(6)The term “commodity broker” means futures commission merchant, foreign futures commission merchant, clearing organization, leverage transaction merchant, or commodity options dealer, as defined in section 761 of this title, with respect to which there is a customer, as defined in section 761 of this title.
(7)The term “community claim” means claim that arose before the commencement of the case concerning the debtor for which property of the kind specified in section 541(a)(2) of this title is liable, whether or not there is any such property at the time of the commencement of the case.
(7A)The term “commercial fishing operation” means—
(A)the catching or harvesting of fish, shrimp, lobsters, urchins, seaweed, shellfish, or other aquatic species or products of such species; or
(B)for purposes of section 109 and chapter 12, aquaculture activities consisting of raising for market any species or product described in subparagraph (A).
(7B)The term “commercial fishing vessel” means a vessel used by a family fisherman to carry out a commercial fishing operation.
(8)The term “consumer debt” means debt incurred by an individual primarily for a personal, family, or household purpose.
(9)The term “corporation”—
(A)includes—
(i)association having a power or privilege that a private corporation, but not an individual or a partnership, possesses;
(ii)partnership association organized under a law that makes only the capital subscribed responsible for the debts of such association;
(iii)joint-stock company;
(iv)unincorporated company or association; or
(v)business trust; but
(B)does not include limited partnership.
(10)The term “creditor” means—
(A)entity that has a claim against the debtor that arose at the time of or before the order for relief concerning the debtor;
(B)entity that has a claim against the estate of a kind specified in section 348(d), 502(f), 502(g), 502(h) or 502(i) of this title; or
(C)entity that has a community claim.
(10A)The term “current monthly income”—
(A)means the average monthly income from all sources that the debtor receives (or in a joint case the debtor and the debtor’s spouse receive) without regard to whether such income is taxable income, derived during the 6-month period ending on—
(i)the last day of the calendar month immediately preceding the date of the commencement of the case if the debtor files the schedule of current income required by section 521(a)(1)(B)(ii); or
(ii)the date on which current income is determined by the court for purposes of this title if the debtor does not file the schedule of current income required by section 521(a)(1)(B)(ii); and
(B)
(i)includes any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor’s spouse), on a regular basis for the household expenses of the debtor or the debtor’s dependents (and in a joint case the debtor’s spouse if not otherwise a dependent); and
(ii)excludes—
(I)benefits received under the Social Security Act (42 U.S.C. 301 et seq.);
(II)payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes;
(III)payments to victims of international terrorism or domestic terrorism, as those terms are defined in section 2331 of title 18, on account of their status as victims of such terrorism;
(IV)any monthly compensation, pension, pay, annuity, or allowance paid under title 10, 37, or 38 in connection with a disability, combat-related injury or disability, or death of a member of the uniformed services, except that any retired pay excluded under this subclause shall include retired pay paid under chapter 61 of title 10 only to the extent that such retired pay exceeds the amount of retired pay to which the debtor would otherwise be entitled if retired under any provision of title 10 other than chapter 61 of that title; and
(V)Payments made under Federal law relating to the national emergency declared by the President under the National Emergencies Act (50 U.S.C. 1601 et seq.) with respect to the coronavirus disease 2019 (COVID–19).
(11)The term “custodian” means—
(A)receiver or trustee of any of the property of the debtor, appointed in a case or proceeding not under this title;
(B)assignee under a general assignment for the benefit of the debtor’s creditors; or
(C)trustee, receiver, or agent under applicable law, or under a contract, that is appointed or authorized to take charge of property of the debtor for the purpose of enforcing a lien against such property, or for the purpose of general administration of such property for the benefit of the debtor’s creditors.
(12)The term “debt” means liability on a claim.
(12A)The term “debt relief agency” means any person who provides any bankruptcy assistance to an assisted person in return for the payment of money or other valuable consideration, or who is a bankruptcy petition preparer under section 110, but does not include—
(A)any person who is an officer, director, employee, or agent of a person who provides such assistance or of the bankruptcy petition preparer;
(B)a nonprofit organization that is exempt from taxation under section 501(c)(3) of the Internal Revenue Code of 1986;
(C)a creditor of such assisted person, to the extent that the creditor is assisting such assisted person to restructure any debt owed by such assisted person to the creditor;
(D)a depository institution (as defined in section 3 of the Federal Deposit Insurance Act) or any Federal credit union or State credit union (as those terms are defined in section 101 of the Federal Credit Union Act), or any affiliate or subsidiary of such depository institution or credit union; or
(E)an author, publisher, distributor, or seller of works subject to copyright protection under title 17, when acting in such capacity.
(13)The term “debtor” means person or municipality concerning which a case under this title has been commenced.
(13A)The term “debtor’s principal residence”—
(A)means a residential structure if used as the principal residence by the debtor, including incidental property, without regard to whether that structure is attached to real property; and
(B)includes an individual condominium or cooperative unit, a mobile or manufactured home, or trailer if used as the principal residence by the debtor.
(14)The term “disinterested person” means a person that—
(A)is not a creditor, an equity security holder, or an insider;
(B)is not and was not, within 2 years before the date of the filing of the petition, a director, officer, or employee of the debtor; and
(C)does not have an interest materially adverse to the interest of the estate or of any class of creditors or equity security holders, by reason of any direct or indirect relationship to, connection with, or interest in, the debtor, or for any other reason.
(14A)The term “domestic support obligation” means a debt that accrues before, on, or after the date of the order for relief in a case under this title, including interest that accrues on that debt as provided under applicable nonbankruptcy law notwithstanding any other provision of this title, that is—
(A)owed to or recoverable by—
(i)a spouse, former spouse, or child of the debtor or such child’s parent, legal guardian, or responsible relative; or
(ii)a governmental unit;
(B)in the nature of alimony, maintenance, or support (including assistance provided by a governmental unit) of such spouse, former spouse, or child of the debtor or such child’s parent, without regard to whether such debt is expressly so designated;
(C)established or subject to establishment before, on, or after the date of the order for relief in a case under this title, by reason of applicable provisions of—
(i)a separation agreement, divorce decree, or property settlement agreement;
(ii)an order of a court of record; or
(iii)a determination made in accordance with applicable nonbankruptcy law by a governmental unit; and
(D)not assigned to a nongovernmental entity, unless that obligation is assigned voluntarily by the spouse, former spouse, child of the debtor, or such child’s parent, legal guardian, or responsible relative for the purpose of collecting the debt.
(15)The term “entity” includes person, estate, trust, governmental unit, and United States trustee.
(16)The term “equity security” means—
(A)share in a corporation, whether or not transferable or denominated “stock”, or similar security;
(B)interest of a limited partner in a limited partnership; or
(C)warrant or right, other than a right to convert, to purchase, sell, or subscribe to a share, security, or interest of a kind specified in subparagraph (A) or (B) of this paragraph.
(17)The term “equity security holder” means holder of an equity security of the debtor.
(18)The term “family farmer” means—
(A)individual or individual and spouse engaged in a farming operation whose aggregate debts do not exceed $10,000,000 and not less than 50 percent of whose aggregate noncontingent, liquidated debts (excluding a debt for the principal residence of such individual or such individual and spouse unless such debt arises out of a farming operation), on the date the case is filed, arise out of a farming operation owned or operated by such individual or such individual and spouse, and such individual or such individual and spouse receive from such farming operation more than 50 percent of such individual’s or such individual and spouse’s gross income for—
(i)the taxable year preceding; or
(ii)each of the 2d and 3d taxable years preceding;
the taxable year in which the case concerning such individual or such individual and spouse was filed; or
(B)corporation or partnership in which more than 50 percent of the outstanding stock or equity is held by one family, or by one family and the relatives of the members of such family, and such family or such relatives conduct the farming operation, and
(i)more than 80 percent of the value of its assets consists of assets related to the farming operation;
(ii)its aggregate debts do not exceed $10,000,000 and not less than 50 percent of its aggregate noncontingent, liquidated debts (excluding a debt for one dwelling which is owned by such corporation or partnership and which a shareholder or partner maintains as a principal residence, unless such debt arises out of a farming operation), on the date the case is filed, arise out of the farming operation owned or operated by such corporation or such partnership; and
(iii)if such corporation issues stock, such stock is not publicly traded.
(19)The term “family farmer with regular annual income” means family farmer whose annual income is sufficiently stable and regular to enable such family farmer to make payments under a plan under chapter 12 of this title.
(19A)The term “family fisherman” means—
(A)an individual or individual and spouse engaged in a commercial fishing operation—
(i)whose aggregate debts do not exceed $1,500,000 1 and not less than 80 percent of whose aggregate noncontingent, liquidated debts (excluding a debt for the principal residence of such individual or such individual and spouse, unless such debt arises out of a commercial fishing operation), on the date the case is filed, arise out of a commercial fishing operation owned or operated by such individual or such individual and spouse; and
(ii)who receive from such commercial fishing operation more than 50 percent of such individual’s or such individual’s and spouse’s gross income for the taxable year preceding the taxable year in which the case concerning such individual or such individual and spouse was filed; or
(B)a corporation or partnership—
(i)in which more than 50 percent of the outstanding stock or equity is held by—
(I)1 family that conducts the commercial fishing operation; or
(II)1 family and the relatives of the members of such family, and such family or such relatives conduct the commercial fishing operation; and
(ii)
(I)more than 80 percent of the value of its assets consists of assets related to the commercial fishing operation;
(II)its aggregate debts do not exceed $1,500,000 1 and not less than 80 percent of its aggregate noncontingent, liquidated debts (excluding a debt for 1 dwelling which is owned by such corporation or partnership and which a shareholder or partner maintains as a principal residence, unless such debt arises out of a commercial fishing operation), on the date the case is filed, arise out of a commercial fishing operation owned or operated by such corporation or such partnership; and
(III)if such corporation issues stock, such stock is not publicly traded.
(19B)The term “family fisherman with regular annual income” means a family fisherman whose annual income is sufficiently stable and regular to enable such family fisherman to make payments under a plan under chapter 12 of this title.
(20)The term “farmer” means (except when such term appears in the term “family farmer”) person that received more than 80 percent of such person’s gross income during the taxable year of such person immediately preceding the taxable year of such person during which the case under this title concerning such person was commenced from a farming operation owned or operated by such person.
(21)The term “farming operation” includes farming, tillage of the soil, dairy farming, ranching, production or raising of crops, poultry, or livestock, and production of poultry or livestock products in an unmanufactured state.
(21A)The term “farmout agreement” means a written agreement in which—
(A)the owner of a right to drill, produce, or operate liquid or gaseous hydrocarbons on property agrees or has agreed to transfer or assign all or a part of such right to another entity; and
(B)such other entity (either directly or through its agents or its assigns), as consideration, agrees to perform drilling, reworking, recompleting, testing, or similar or related operations, to develop or produce liquid or gaseous hydrocarbons on the property.
(21B)The term “Federal depository institutions regulatory agency” means—
(A)with respect to an insured depository institution (as defined in section 3(c)(2) of the Federal Deposit Insurance Act) for which no conservator or receiver has been appointed, the appropriate Federal banking agency (as defined in section 3(q) of such Act);
(B)with respect to an insured credit union (including an insured credit union for which the National Credit Union Administration has been appointed conservator or liquidating agent), the National Credit Union Administration;
(C)with respect to any insured depository institution for which the Resolution Trust Corporation has been appointed conservator or receiver, the Resolution Trust Corporation; and
(D)with respect to any insured depository institution for which the Federal Deposit Insurance Corporation has been appointed conservator or receiver, the Federal Deposit Insurance Corporation.
(22)The term “financial institution” means—
(A)a Federal reserve bank, or an entity that is a commercial or savings bank, industrial savings bank, savings and loan association, trust company, federally-insured credit union, or receiver, liquidating agent, or conservator for such entity and, when any such Federal reserve bank, receiver, liquidating agent, conservator or entity is acting as agent or custodian for a customer (whether or not a “customer”, as defined in section 741) in connection with a securities contract (as defined in section 741) such customer; or
(B)in connection with a securities contract (as defined in section 741) an investment company registered under the Investment Company Act of 1940.
(22A)The term “financial participant” means—
(A)an entity that, at the time it enters into a securities contract, commodity contract, swap agreement, repurchase agreement, or forward contract, or at the time of the date of the filing of the petition, has one or more agreements or transactions described in paragraph (1), (2), (3), (4), (5), or (6) of section 561(a) with the debtor or any other entity (other than an affiliate) of a total gross dollar value of not less than $1,000,000,000 in notional or actual principal amount outstanding (aggregated across counterparties) at such time or on any day during the 15-month period preceding the date of the filing of the petition, or has gross mark-to-market positions of not less than $100,000,000 (aggregated across counterparties) in one or more such agreements or transactions with the debtor or any other entity (other than an affiliate) at such time or on any day during the 15-month period preceding the date of the filing of the petition; or
(B)a clearing organization (as defined in section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991).
(23)The term “foreign proceeding” means a collective judicial or administrative proceeding in a foreign country, including an interim proceeding, under a law relating to insolvency or adjustment of debt in which proceeding the assets and affairs of the debtor are subject to control or supervision by a foreign court, for the purpose of reorganization or liquidation.
(24)The term “foreign representative” means a person or body, including a person or body appointed on an interim basis, authorized in a foreign proceeding to administer the reorganization or the liquidation of the debtor’s assets or affairs or to act as a representative of such foreign proceeding.
(25)The term “forward contract” means—
(A)a contract (other than a commodity contract, as defined in section 761) for the purchase, sale, or transfer of a commodity, as defined in section 761(8) of this title, or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade, or product or byproduct thereof, with a maturity date more than two days after the date the contract is entered into, including, but not limited to, a repurchase or reverse repurchase transaction (whether or not such repurchase or reverse repurchase transaction is a “repurchase agreement”, as defined in this section) [2] consignment, lease, swap, hedge transaction, deposit, loan, option, allocated transaction, unallocated transaction, or any other similar agreement;
(B)any combination of agreements or transactions referred to in subparagraphs (A) and (C);
(C)any option to enter into an agreement or transaction referred to in subparagraph (A) or (B);
(D)a master agreement that provides for an agreement or transaction referred to in subparagraph (A), (B), or (C), together with all supplements to any such master agreement, without regard to whether such master agreement provides for an agreement or transaction that is not a forward contract under this paragraph, except that such master agreement shall be considered to be a forward contract under this paragraph only with respect to each agreement or transaction under such master agreement that is referred to in subparagraph (A), (B), or (C); or
(E)any security agreement or arrangement, or other credit enhancement related to any agreement or transaction referred to in subparagraph (A), (B), (C), or (D), including any guarantee or reimbursement obligation by or to a forward contract merchant or financial participant in connection with any agreement or transaction referred to in any such subparagraph, but not to exceed the damages in connection with any such agreement or transaction, measured in accordance with section 562.
(26)The term “forward contract merchant” means a Federal reserve bank, or an entity the business of which consists in whole or in part of entering into forward contracts as or with merchants in a commodity (as defined in section 761) or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade.
(27)The term “governmental unit” means United States; State; Commonwealth; District; Territory; municipality; foreign state; department, agency, or instrumentality of the United States (but not a United States trustee while serving as a trustee in a case under this title), a State, a Commonwealth, a District, a Territory, a municipality, or a foreign state; or other foreign or domestic government.
(27A)The term “health care business”—
(A)means any public or private entity (without regard to whether that entity is organized for profit or not for profit) that is primarily engaged in offering to the general public facilities and services for—
(i)the diagnosis or treatment of injury, deformity, or disease; and
(ii)surgical, drug treatment, psychiatric, or obstetric care; and
(B)includes—
(i)any—
(I)general or specialized hospital;
(II)ancillary ambulatory, emergency, or surgical treatment facility;
(III)hospice;
(IV)home health agency; and
(V)other health care institution that is similar to an entity referred to in subclause (I), (II), (III), or (IV); and
(ii)any long-term care facility, including any—
(I)skilled nursing facility;
(II)intermediate care facility;
(III)assisted living facility;
(IV)home for the aged;
(V)domiciliary care facility; and
(VI)health care institution that is related to a facility referred to in subclause (I), (II), (III), (IV), or (V), if that institution is primarily engaged in offering room, board, laundry, or personal assistance with activities of daily living and incidentals to activities of daily living.
(27B)The term “incidental property” means, with respect to a debtor’s principal residence—
(A)property commonly conveyed with a principal residence in the area where the real property is located;
(B)all easements, rights, appurtenances, fixtures, rents, royalties, mineral rights, oil or gas rights or profits, water rights, escrow funds, or insurance proceeds; and
(C)all replacements or additions.
(28)The term “indenture” means mortgage, deed of trust, or indenture, under which there is outstanding a security, other than a voting-trust certificate, constituting a claim against the debtor, a claim secured by a lien on any of the debtor’s property, or an equity security of the debtor.
(29)The term “indenture trustee” means trustee under an indenture.
(30)The term “individual with regular income” means individual whose income is sufficiently stable and regular to enable such individual to make payments under a plan under chapter 13 of this title, other than a stockbroker or a commodity broker.
(31)The term “insider” includes—
(A)if the debtor is an individual—
(i)relative of the debtor or of a general partner of the debtor;
(ii)partnership in which the debtor is a general partner;
(iii)general partner of the debtor; or
(iv)corporation of which the debtor is a director, officer, or person in control;
(B)if the debtor is a corporation—
(i)director of the debtor;
(ii)officer of the debtor;
(iii)person in control of the debtor;
(iv)partnership in which the debtor is a general partner;
(v)general partner of the debtor; or
(vi)relative of a general partner, director, officer, or person in control of the debtor;
(C)if the debtor is a partnership—
(i)general partner in the debtor;
(ii)relative of a general partner in, general partner of, or person in control of the debtor;
(iii)partnership in which the debtor is a general partner;
(iv)general partner of the debtor; or
(v)person in control of the debtor;
(D)if the debtor is a municipality, elected official of the debtor or relative of an elected official of the debtor;
(E)affiliate, or insider of an affiliate as if such affiliate were the debtor; and
(F)managing agent of the debtor.
(32)The term “insolvent” means—
(A)with reference to an entity other than a partnership and a municipality, financial condition such that the sum of such entity’s debts is greater than all of such entity’s property, at a fair valuation, exclusive of—
(i)property transferred, concealed, or removed with intent to hinder, delay, or defraud such entity’s creditors; and
(ii)property that may be exempted from property of the estate under section 522 of this title;
(B)with reference to a partnership, financial condition such that the sum of such partnership’s debts is greater than the aggregate of, at a fair valuation—
(i)all of such partnership’s property, exclusive of property of the kind specified in subparagraph (A)(i) of this paragraph; and
(ii)the sum of the excess of the value of each general partner’s nonpartnership property, exclusive of property of the kind specified in subparagraph (A) of this paragraph, over such partner’s nonpartnership debts; and
(C)with reference to a municipality, financial condition such that the municipality is—
(i)generally not paying its debts as they become due unless such debts are the subject of a bona fide dispute; or
(ii)unable to pay its debts as they become due.
(33)The term “institution-affiliated party”—
(A)with respect to an insured depository institution (as defined in section 3(c)(2) of the Federal Deposit Insurance Act), has the meaning given it in section 3(u) of the Federal Deposit Insurance Act; and
(B)with respect to an insured credit union, has the meaning given it in section 206(r) of the Federal Credit Union Act.
(34)The term “insured credit union” has the meaning given it in section 101(7) of the Federal Credit Union Act.
(35)The term “insured depository institution”—
(A)has the meaning given it in section 3(c)(2) of the Federal Deposit Insurance Act; and
(B)includes an insured credit union (except in the case of paragraphs (21B) and (33)(A) of this subsection).
(35A)The term “intellectual property” means—
(A)trade secret;
(B)invention, process, design, or plant protected under title 35;
(C)patent application;
(D)plant variety;
(E)work of authorship protected under title 17; or
(F)mask work protected under chapter 9 of title 17;
to the extent protected by applicable nonbankruptcy law.
(36)The term “judicial lien” means lien obtained by judgment, levy, sequestration, or other legal or equitable process or proceeding.
(37)The term “lien” means charge against or interest in property to secure payment of a debt or performance of an obligation.
(38)The term “margin payment” means, for purposes of the forward contract provisions of this title, payment or deposit of cash, a security or other property, that is commonly known in the forward contract trade as original margin, initial margin, maintenance margin, or variation margin, including mark-to-market payments, or variation payments.
(38A)The term “master netting agreement”—
(A)means an agreement providing for the exercise of rights, including rights of netting, setoff, liquidation, termination, acceleration, or close out, under or in connection with one or more contracts that are described in any one or more of paragraphs (1) through (5) of section 561(a), or any security agreement or arrangement or other credit enhancement related to one or more of the foregoing, including any guarantee or reimbursement obligation related to 1 or more of the foregoing; and
(B)if the agreement contains provisions relating to agreements or transactions that are not contracts described in paragraphs (1) through (5) of section 561(a), shall be deemed to be a master netting agreement only with respect to those agreements or transactions that are described in any one or more of paragraphs (1) through (5) of section 561(a).
(38B)The term “master netting agreement participant” means an entity that, at any time before the date of the filing of the petition, is a party to an outstanding master netting agreement with the debtor.
(39)The term “mask work” has the meaning given it in section 901(a)(2) of title 17.
(39A)The term “median family income” means for any year—
(A)the median family income both calculated and reported by the Bureau of the Census in the then most recent year; and
(B)if not so calculated and reported in the then current year, adjusted annually after such most recent year until the next year in which median family income is both calculated and reported by the Bureau of the Census, to reflect the percentage change in the Consumer Price Index for All Urban Consumers during the period of years occurring after such most recent year and before such current year.
(40)The term “municipality” means political subdivision or public agency or instrumentality of a State.
(40A)The term “patient” means any individual who obtains or receives services from a health care business.
(40B)The term “patient records” means any record relating to a patient, including a written document or a record recorded in a magnetic, optical, or other form of electronic medium.
(41)The term “person” includes individual, partnership, and corporation, but does not include governmental unit, except that a governmental unit that—
(A)acquires an asset from a person—
(i)as a result of the operation of a loan guarantee agreement; or
(ii)as receiver or liquidating agent of a person;
(B)is a guarantor of a pension benefit payable by or on behalf of the debtor or an affiliate of the debtor; or
(C)is the legal or beneficial owner of an asset of—
(i)an employee pension benefit plan that is a governmental plan, as defined in section 414(d) of the Internal Revenue Code of 1986; or
(ii)an eligible deferred compensation plan, as defined in section 457(b) of the Internal Revenue Code of 1986;
shall be considered, for purposes of section 1102 of this title, to be a person with respect to such asset or such benefit.
(41A)The term “personally identifiable information” means—
(A)if provided by an individual to the debtor in connection with obtaining a product or a service from the debtor primarily for personal, family, or household purposes—
(i)the first name (or initial) and last name of such individual, whether given at birth or time of adoption, or resulting from a lawful change of name;
(ii)the geographical address of a physical place of residence of such individual;
(iii)an electronic address (including an e-mail address) of such individual;
(iv)a telephone number dedicated to contacting such individual at such physical place of residence;
(v)a social security account number issued to such individual; or
(vi)the account number of a credit card issued to such individual; or
(B)if identified in connection with 1 or more of the items of information specified in subparagraph (A)—
(i)a birth date, the number of a certificate of birth or adoption, or a place of birth; or
(ii)any other information concerning an identified individual that, if disclosed, will result in contacting or identifying such individual physically or electronically.
(42)The term “petition” means petition filed under section 301, 302, 303 and [3] 1504 of this title, as the case may be, commencing a case under this title.
(42A)The term “production payment” means a term overriding royalty satisfiable in cash or in kind—
(A)contingent on the production of a liquid or gaseous hydrocarbon from particular real property; and
(B)from a specified volume, or a specified value, from the liquid or gaseous hydrocarbon produced from such property, and determined without regard to production costs.
(43)The term “purchaser” means transferee of a voluntary transfer, and includes immediate or mediate transferee of such a transferee.
(44)The term “railroad” means common carrier by railroad engaged in the transportation of individuals or property or owner of trackage facilities leased by such a common carrier.
(45)The term “relative” means individual related by affinity or consanguinity within the third degree as determined by the common law, or individual in a step or adoptive relationship within such third degree.
(46)The term “repo participant” means an entity that, at any time before the filing of the petition, has an outstanding repurchase agreement with the debtor.
(47)The term “repurchase agreement” (which definition also applies to a reverse repurchase agreement)—
(A)means—
(i)an agreement, including related terms, which provides for the transfer of one or more certificates of deposit, mortgage related securities (as defined in section 3 of the Securities Exchange Act of 1934), mortgage loans, interests in mortgage related securities or mortgage loans, eligible bankers’ acceptances, qualified foreign government securities (defined as a security that is a direct obligation of, or that is fully guaranteed by, the central government of a member of the Organization for Economic Cooperation and Development), or securities that are direct obligations of, or that are fully guaranteed by, the United States or any agency of the United States against the transfer of funds by the transferee of such certificates of deposit, eligible bankers’ acceptances, securities, mortgage loans, or interests, with a simultaneous agreement by such transferee to transfer to the transferor thereof certificates of deposit, eligible bankers’ acceptance, securities, mortgage loans, or interests of the kind described in this clause, at a date certain not later than 1 year after such transfer or on demand, against the transfer of funds;
(ii)any combination of agreements or transactions referred to in clauses (i) and (iii);
(iii)an option to enter into an agreement or transaction referred to in clause (i) or (ii);
(iv)a master agreement that provides for an agreement or transaction referred to in clause (i), (ii), or (iii), together with all supplements to any such master agreement, without regard to whether such master agreement provides for an agreement or transaction that is not a repurchase agreement under this paragraph, except that such master agreement shall be considered to be a repurchase agreement under this paragraph only with respect to each agreement or transaction under the master agreement that is referred to in clause (i), (ii), or (iii); or
(v)any security agreement or arrangement or other credit enhancement related to any agreement or transaction referred to in clause (i), (ii), (iii), or (iv), including any guarantee or reimbursement obligation by or to a repo participant or financial participant in connection with any agreement or transaction referred to in any such clause, but not to exceed the damages in connection with any such agreement or transaction, measured in accordance with section 562 of this title; and
(B)does not include a repurchase obligation under a participation in a commercial mortgage loan.
(48)The term “securities clearing agency” means person that is registered as a clearing agency under section 17A of the Securities Exchange Act of 1934, or exempt from such registration under such section pursuant to an order of the Securities and Exchange Commission, or whose business is confined to the performance of functions of a clearing agency with respect to exempted securities, as defined in section 3(a)(12) of such Act for the purposes of such section 17A.
(48A)The term “securities self regulatory organization” means either a securities association registered with the Securities and Exchange Commission under section 15A of the Securities Exchange Act of 1934 or a national securities exchange registered with the Securities and Exchange Commission under section 6 of the Securities Exchange Act of 1934.
(49)The term “security”—
(A)includes—
(i)note;
(ii)stock;
(iii)treasury stock;
(iv)bond;
(v)debenture;
(vi)collateral trust certificate;
(vii)pre-organization certificate or subscription;
(viii)transferable share;
(ix)voting-trust certificate;
(x)certificate of deposit;
(xi)certificate of deposit for security;
(xii)investment contract or certificate of interest or participation in a profit-sharing agreement or in an oil, gas, or mineral royalty or lease, if such contract or interest is required to be the subject of a registration statement filed with the Securities and Exchange Commission under the provisions of the Securities Act of 1933, or is exempt under section 3(b) of such Act from the requirement to file such a statement;
(xiii)interest of a limited partner in a limited partnership;
(xiv)other claim or interest commonly known as “security”; and
(xv)certificate of interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase or sell, a security; but
(B)does not include—
(i)currency, check, draft, bill of exchange, or bank letter of credit;
(ii)leverage transaction, as defined in section 761 of this title;
(iii)commodity futures contract or forward contract;
(iv)option, warrant, or right to subscribe to or purchase or sell a commodity futures contract;
(v)option to purchase or sell a commodity;
(vi)contract or certificate of a kind specified in subparagraph (A)(xii) of this paragraph that is not required to be the subject of a registration statement filed with the Securities and Exchange Commission and is not exempt under section 3(b) of the Securities Act of 1933 from the requirement to file such a statement; or
(vii)debt or evidence of indebtedness for goods sold and delivered or services rendered.
(50)The term “security agreement” means agreement that creates or provides for a security interest.
(51)The term “security interest” means lien created by an agreement.
(51A)The term “settlement payment” means, for purposes of the forward contract provisions of this title, a preliminary settlement payment, a partial settlement payment, an interim settlement payment, a settlement payment on account, a final settlement payment, a net settlement payment, or any other similar payment commonly used in the forward contract trade.
(51B)The term “single asset real estate” means real property constituting a single property or project, other than residential real property with fewer than 4 residential units, which generates substantially all of the gross income of a debtor who is not a family farmer and on which no substantial business is being conducted by a debtor other than the business of operating the real property and activities incidental thereto.
(51C)The term “small business case” means a case filed under chapter 11 of this title in which the debtor is a small business debtor and has not elected that subchapter V of chapter 11 of this title shall apply.
(51D)The term “small business debtor”—
(A)subject to subparagraph (B), means a person engaged in commercial or business activities (including any affiliate of such person that is also a debtor under this title and excluding a person whose primary activity is the business of owning single asset real estate) that has aggregate noncontingent liquidated secured and unsecured debts as of the date of the filing of the petition or the date of the order for relief in an amount not more than $2,000,000 1 (excluding debts owed to 1 or more affiliates or insiders) not less than 50 percent of which arose from the commercial or business activities of the debtor; and
(B)does not include—
(i)any member of a group of affiliated debtors that has aggregate noncontingent liquidated secured and unsecured debts in an amount greater than $2,000,000 1 (excluding debt owed to 1 or more affiliates or insiders);
(ii)any debtor that is a corporation subject to the reporting requirements under section 13 or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m, 78o(d)); or
(iii)any debtor that is an affiliate of an issuer (as defined in section 3 of the Securities Exchange Act of 1934 (15 U.S.C. 78c)).
(52)The term “State” includes the District of Columbia and Puerto Rico, except for the purpose of defining who may be a debtor under chapter 9 of this title.
(53)The term “statutory lien” means lien arising solely by force of a statute on specified circumstances or conditions, or lien of distress for rent, whether or not statutory, but does not include security interest or judicial lien, whether or not such interest or lien is provided by or is dependent on a statute and whether or not such interest or lien is made fully effective by statute.
(53A)The term “stockbroker” means person—
(A)with respect to which there is a customer, as defined in section 741 of this title; and
(B)that is engaged in the business of effecting transactions in securities—
(i)for the account of others; or
(ii)with members of the general public, from or for such person’s own account.
(53B)The term “swap agreement”—
(A)means—
(i)any agreement, including the terms and conditions incorporated by reference in such agreement, which is—
(I)an interest rate swap, option, future, or forward agreement, including a rate floor, rate cap, rate collar, cross-currency rate swap, and basis swap;
(II)a spot, same day-tomorrow, tomorrow-next, forward, or other foreign exchange, precious metals, or other commodity agreement;
(III)a currency swap, option, future, or forward agreement;
(IV)an equity index or equity swap, option, future, or forward agreement;
(V)a debt index or debt swap, option, future, or forward agreement;
(VI)a total return, credit spread or credit swap, option, future, or forward agreement;
(VII)a commodity index or a commodity swap, option, future, or forward agreement;
(VIII)a weather swap, option, future, or forward agreement;
(IX)an emissions swap, option, future, or forward agreement; or
(X)an inflation swap, option, future, or forward agreement;
(ii)any agreement or transaction that is similar to any other agreement or transaction referred to in this paragraph and that—
(I)is of a type that has been, is presently, or in the future becomes, the subject of recurrent dealings in the swap or other derivatives markets (including terms and conditions incorporated by reference therein); and
(II)is a forward, swap, future, option, or spot transaction on one or more rates, currencies, commodities, equity securities, or other equity instruments, debt securities or other debt instruments, quantitative measures associated with an occurrence, extent of an occurrence, or contingency associated with a financial, commercial, or economic consequence, or economic or financial indices or measures of economic or financial risk or value;
(iii)any combination of agreements or transactions referred to in this subparagraph;
(iv)any option to enter into an agreement or transaction referred to in this subparagraph;
(v)a master agreement that provides for an agreement or transaction referred to in clause (i), (ii), (iii), or (iv), together with all supplements to any such master agreement, and without regard to whether the master agreement contains an agreement or transaction that is not a swap agreement under this paragraph, except that the master agreement shall be considered to be a swap agreement under this paragraph only with respect to each agreement or transaction under the master agreement that is referred to in clause (i), (ii), (iii), or (iv); or
(vi)any security agreement or arrangement or other credit enhancement related to any agreements or transactions referred to in clause (i) through (v), including any guarantee or reimbursement obligation by or to a swap participant or financial participant in connection with any agreement or transaction referred to in any such clause, but not to exceed the damages in connection with any such agreement or transaction, measured in accordance with section 562; and
(B)is applicable for purposes of this title only, and shall not be construed or applied so as to challenge or affect the characterization, definition, or treatment of any swap agreement under any other statute, regulation, or rule, including the Gramm-Leach-Bliley Act, the Legal Certainty for Bank Products Act of 2000, the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934) and the Commodity Exchange Act.
(53C)The term “swap participant” means an entity that, at any time before the filing of the petition, has an outstanding swap agreement with the debtor.
(56A) [4] The term “term overriding royalty” means an interest in liquid or gaseous hydrocarbons in place or to be produced from particular real property that entitles the owner thereof to a share of production, or the value thereof, for a term limited by time, quantity, or value realized.
(53D)The term “timeshare plan” means and shall include that interest purchased in any arrangement, plan, scheme, or similar device, but not including exchange programs, whether by membership, agreement, tenancy in common, sale, lease, deed, rental agreement, license, right to use agreement, or by any other means, whereby a purchaser, in exchange for consideration, receives a right to use accommodations, facilities, or recreational sites, whether improved or unimproved, for a specific period of time less than a full year during any given year, but not necessarily for consecutive years, and which extends for a period of more than three years. A “timeshare interest” is that interest purchased in a timeshare plan which grants the purchaser the right to use and occupy accommodations, facilities, or recreational sites, whether improved or unimproved, pursuant to a timeshare plan.
(54)The term “transfer” means—
(A)the creation of a lien;
(B)the retention of title as a security interest;
(C)the foreclosure of a debtor’s equity of redemption; or
(D)each mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with—
(i)property; or
(ii)an interest in property.
(54A)The term “uninsured State member bank” means a State member bank (as defined in section 3 of the Federal Deposit Insurance Act) the deposits of which are not insured by the Federal Deposit Insurance Corporation.
(55)The term “United States”, when used in a geographical sense, includes all locations where the judicial jurisdiction of the United States extends, including territories and possessions of the United States.

[Jsnhbe1Birds]

Just wanted to join in